Sugar Import Cost and Profit Analysis as of April 17, 2026
Based on the ICE raw sugar futures price and RMB exchange rate on April 17, 2026, an analysis of sugar import costs and profits was conducted. The estimated duty-paid cost for in-quota Brazilian sugar was approximately 3,743 RMB/ton, while out-of-quota sugar was 4,746 RMB/ton. Compared to Rizhao spot white sugar prices, in-quota imports are projected to yield a profit of 1,787 RMB/ton, and out-of-quota imports about 784 RMB/ton.
On April 17, 2026, key indicators in the global sugar market showed the ICE raw sugar futures contract closing at 13.33 US cents per pound. Concurrently, the RMB exchange rate against the US dollar was stable at 6.8184. Utilizing these figures, Q Beverages conducted a detailed estimation of sugar import costs and potential profits for the day.
Analysis revealed that for in-quota imports of Brazilian sugar, the estimated duty-paid cost after processing was approximately 3,743 RMB per ton. In contrast, for out-of-quota Brazilian sugar imports, due to differing tariff policies, the estimated duty-paid cost significantly increased to 4,746 RMB per ton.
Further comparison of these import costs against the spot price of white sugar in Rizhao, China, indicates that sugar imports continue to offer a certain profit margin. Specifically, in-quota Brazilian sugar imports are projected to yield a profit of approximately 1,787 RMB per ton after processing and duty payment. Although out-of-quota imports incur higher costs, they are still estimated to generate a profit of around 784 RMB per ton. These figures provide crucial reference points for market participants to assess current trading opportunities in the sugar market.